We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Compared to Estimates, Mosaic (MOS) Q2 Earnings: A Look at Key Metrics
Read MoreHide Full Article
Mosaic (MOS - Free Report) reported $2.82 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 17%. EPS of $0.54 for the same period compares to $1.04 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.93 billion, representing a surprise of -3.90%. The company delivered an EPS surprise of -20.59%, with the consensus EPS estimate being $0.68.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Mosaic performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Potash - Average finished product selling price (destination)
: $283 compared to the $269.12 average estimate based on four analysts.
Phosphates - Sales volumes - Total Finished Product
: 1,696 KTon versus 1,724.33 KTon estimated by four analysts on average.
Potash - Sales volumes - Total Finished Product
: 2,346 KTon versus 2,308.09 KTon estimated by four analysts on average.
Mosaic Fertilizantes - Sales volumes - Total Finished Product
: 2,196 KTon versus 2,406.5 KTon estimated by four analysts on average.
Phosphates - Realized costs - Blended rock
: 86 $/Ton compared to the 78 $/Ton average estimate based on three analysts.
Phosphates - Realized costs - Sulfur
: 138 $/Ton compared to the 122.56 $/Ton average estimate based on three analysts.
Mosaic Fertilizantes - Average finished product selling price (destination)
: $478 versus the three-analyst average estimate of $553.51.
Phosphates - Realized costs - Ammonia
: 424 $/Ton compared to the 365.14 $/Ton average estimate based on three analysts.
Net sales- Phosphates
: $1.18 billion versus the four-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of -8.2%.
Net sales- Mosaic Fertilizantes
: $1.05 billion versus $1.35 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -26.1% change.
Net sales- Corporate and Other
: -$75 million versus -$134.55 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -52.8% change.
Net sales- Potash
: $663 million versus $621.83 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -21.9% change.
Shares of Mosaic have returned -2% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Compared to Estimates, Mosaic (MOS) Q2 Earnings: A Look at Key Metrics
Mosaic (MOS - Free Report) reported $2.82 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 17%. EPS of $0.54 for the same period compares to $1.04 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.93 billion, representing a surprise of -3.90%. The company delivered an EPS surprise of -20.59%, with the consensus EPS estimate being $0.68.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Mosaic performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Mosaic here>>>Potash - Average finished product selling price (destination)
: $283 compared to the $269.12 average estimate based on four analysts.Phosphates - Sales volumes - Total Finished Product
: 1,696 KTon versus 1,724.33 KTon estimated by four analysts on average.Potash - Sales volumes - Total Finished Product
: 2,346 KTon versus 2,308.09 KTon estimated by four analysts on average.Mosaic Fertilizantes - Sales volumes - Total Finished Product
: 2,196 KTon versus 2,406.5 KTon estimated by four analysts on average.Phosphates - Realized costs - Blended rock
: 86 $/Ton compared to the 78 $/Ton average estimate based on three analysts.Phosphates - Realized costs - Sulfur
: 138 $/Ton compared to the 122.56 $/Ton average estimate based on three analysts.Mosaic Fertilizantes - Average finished product selling price (destination)
: $478 versus the three-analyst average estimate of $553.51.Phosphates - Realized costs - Ammonia
: 424 $/Ton compared to the 365.14 $/Ton average estimate based on three analysts.Net sales- Phosphates
: $1.18 billion versus the four-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of -8.2%.Net sales- Mosaic Fertilizantes
: $1.05 billion versus $1.35 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -26.1% change.Net sales- Corporate and Other
: -$75 million versus -$134.55 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -52.8% change.Net sales- Potash
: $663 million versus $621.83 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -21.9% change.Shares of Mosaic have returned -2% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.